Vietnam Innovation Challenge (VIC) is a program to realize the vision of the Vietnam Innovation Initiative (InnovateVN), chaired by the Ministry of Planning and Investment, organized by the National Innovation Center (NIC) in collaboration with Meta Group. The program aims to seek innovative solutions from organizations or individuals around the world to address important national challenges, towards a prosperous and sustainable Vietnam.
Innovation helps FPT develop
At the event, Mr. Vu Anh Tu, Chief Technology Officer of FPT Corporation affirmed: “Innovation is the DNA of FPT. FPT founders have stated that only innovation and science and technology can help the corporation develop and contribute to national prosperity.”
For that reason, over the past 35 years, FPT has been a pioneer in many fields: Pioneering in bringing technological solutions into life in Vietnam; Exporting software to expand intellectual boundaries, putting Vietnam on the world digital map; Pioneering in building a practical education model... to serve and prosper the nation.
To promote innovation, FPT Corporation constantly builds a playground to encourage internal startups. There are more than 4,500 technology initiatives, helping FPT save hundreds of billions of VND, increasing labor productivity by 30% each year.
In addition, FPT's products participating in the Vietnam Innovation Solution Award 2023 were all developed from the corporation's startup program. These products have helped not only FPT but also global enterprises make breakthroughs in labor productivity, optimize operations, provide excellent customer experiences and introduce new business directions.
“We also constantly support and foster the Vietnamese technology and business community, realizing the goal of creating happiness for all organizations, businesses, and individuals in the digital age with the power of technology,” Mr. Vu Anh Tu affirmed.
In 2021, FPT joined forces with Base.vn, a start-up on a management platform for SMEs. The group maintains the FPT Venture and FPT Accelerator funds to contribute to building a technology ecosystem for Vietnam. Currently, more than 100 start-ups have registered to participate in FPT's technology infrastructure support program, worth billions of VND/project.
In recent years, FPT has cooperated with universities and institutes around the world to train high-quality human resources and promote innovation such as the world's leading artificial intelligence research institutes: Mila (Canada), Warwick University (UK), and the pioneering artificial intelligence company Landing AI (USA). Every month, FPT provides AI APIs to 30,000 Vietnamese programmers to build and develop artificial intelligence solutions.
Made by FPT programs and products for the startup community
To support the startup community to accelerate, member companies of FPT Corporation have designed suitable programs and provided solutions and products for startups.
FPT Smart Cloud supports young businesses to build and deploy applications and products on a strong infrastructure platform, maximizing the advantages of AI & Cloud technology along with available resources and global network of large corporations such as FPT. Businesses have the opportunity to use a 20 million VND voucher to deploy applications and products on the FPT Cloud cloud computing platform.
“Focusing on investing in innovative and bold ideas is always a priority for FPT Smart Cloud. We want to become a launching pad for Vietnamese unicorns thanks to our technological advantages and breakthroughs, along with valuable experiences in pioneering startups within businesses,” said Mr. Nguyen Ngoc Minh, Deputy General Director of FPT Smart Cloud.
FPT Information System supports businesses with a 30-day package of unlimited use of automation solutions for UBot accounting operations; a package of 200 FPT.eContract electronic contracts with green tick authentication with the Ministry of Industry and Trade; 500 FPT.eInvoice electronic invoices, including copyright fees; 500 FPT.eSign digital signatures; 200 time-stamped digital signatures (TSA).
akaBot - FPT was honored with the Best Innovative Solution
Also within the framework of the program, the Business Process Automation solution akaBot of FPT Corporation was in the Top 4 Best Innovative Solutions with the title "Innovation Star". AkaBot is a comprehensive Business Process Automation (RPA) solution for businesses developed by FPT Corporation with "robotic assistants" capable of simulating human operations, helping to perform repetitive tasks in large numbers.
Currently, akaBot is serving more than 3,500 businesses in 21 countries with more than 10,000 virtual robots deployed. akaBot's virtual assistant has freed more than 11 million employees of all customers from boring tasks; shortening 70% of time, saving up to 21.9 million working hours/year. In addition, akaBot also contributes to reducing 60% of paperwork used.
“akaBot solves the problem of automating business processes and is considered a clear demonstration of FPT’s product development and innovation strategy. We always nurture the entrepreneurial spirit and realize the mission of creating happiness for people and businesses,” said Mr. Tran Dang Hoa, Chairman of FPT Information System Company.
Besides akaBot, the Electronic Contract Solution - FPT.eContract was also honored in the Top 24 Innovative Solutions. FPT.eContract is one of the leading solutions in the electronic signing market with the following achievements: More than 2,000,000 transactions; more than 4,000,000 partners signing and more than 1,500 corporate customers signing remotely on the platform, typically VNPay, Vietjet, Be, Tiki, 30Shine...
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